Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
VIDEOS
Market

Chandan Taparia on March 19: Buy on PVR, Jubilant FoodWorks, Bajaj Finance, Axis Bank

Updated : March 19, 2019 09:50 AM IST

The latest analysis and commentary by stock market guru Chandan Taparia of Motilal Oswal Securities on what is moving the markets today.

He also spoke at length on PVR, Jubilant FoodWorks, Bajaj Finance and Axis Bank.

“First trade is buy on PVR. The stock has seen the open interest addition of around 10-11 percent, it is forming the higher-highs, higher-lows from last 4-5 trading sessions. Just 3 days back it was consolidating but supports were even inching higher we have seen jump in the trading volume so entire data setup indicates that the stock is all set to head towards the new high territory. One can buy PVR with a stop loss of Rs 1,670 and the stock has potential to move towards Rs 1,760 kind of level on the upper side. Second trade we have selected to go long on Jubilant FoodWorks. We are expecting the positive momentum so one can buy with a stop loss of Rs 1,370 and it has potential to head towards the new high territory towards Rs 1,444 kind of level.”

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV